Which of the Following Statements Best Describes the Difference Between

question 8

Multiple Choice

Which of the following statements best describes the difference between the nomothetic and idiographic approaches to personality?

• A) The nomothetic approach focuses on traits found across large groups, whereas the idiographic approach focuses on individuals.
• B) The idiographic approach focuses on traits found across large groups, whereas the nomothetic approach focuses on individuals.
• C) The idiographic approach relies on measures such as the Big Five, whereas the Big Five is of no use to a nomothetic approach.
• D) The idiographic approach allows psychologists to ask questions about the genetic and cultural basis of personality traits.

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Definitions:

Cash Flow

The complete spectrum of financial inflow and outflow in a business, vitally affecting its liquidity.

Stockholders

Individuals or entities that own shares in a corporation, giving them certain rights like voting on corporate affairs.

Tax Rate

The chunk of financial earnings a corporation or individual pays as tax.

Depreciation Expense

Breaking down the cost of a hard asset over its life of utility.